Apeiron RIA LLC Boosts Stake in Church & Dwight Co., Inc. (NYSE:CHD)

Apeiron RIA LLC lifted its holdings in Church & Dwight Co., Inc. (NYSE:CHD) by 3.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,183 shares of the company’s stock after purchasing an additional 158 shares during the period. Apeiron RIA LLC’s holdings in Church & Dwight were worth $438,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Capital Performance Advisors LLP purchased a new stake in shares of Church & Dwight in the third quarter valued at approximately $27,000. Ashton Thomas Securities LLC purchased a new stake in Church & Dwight in the 3rd quarter worth $28,000. Versant Capital Management Inc raised its position in Church & Dwight by 224.4% during the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock worth $28,000 after acquiring an additional 184 shares during the period. Point72 Asia Singapore Pte. Ltd. acquired a new position in Church & Dwight during the second quarter worth $33,000. Finally, Kimelman & Baird LLC acquired a new stake in shares of Church & Dwight in the second quarter valued at about $46,000. Institutional investors and hedge funds own 86.60% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on CHD. Wells Fargo & Company upped their price target on shares of Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, November 4th. JPMorgan Chase & Co. increased their target price on Church & Dwight from $99.00 to $107.00 and gave the company an “underweight” rating in a report on Thursday, January 16th. Piper Sandler lifted their price target on Church & Dwight from $124.00 to $128.00 and gave the stock an “overweight” rating in a research note on Monday, January 6th. TD Cowen increased their price objective on Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a report on Monday, November 4th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, Church & Dwight has a consensus rating of “Hold” and a consensus target price of $110.61.

Church & Dwight Price Performance

Shares of CHD opened at $106.24 on Friday. The firm has a 50-day simple moving average of $106.80 and a two-hundred day simple moving average of $104.06. The stock has a market cap of $26.03 billion, a PE ratio of 47.64, a P/E/G ratio of 3.29 and a beta of 0.58. Church & Dwight Co., Inc. has a 1-year low of $96.09 and a 1-year high of $113.50. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.62 and a quick ratio of 1.09.

Church & Dwight (NYSE:CHD) last announced its earnings results on Friday, November 1st. The company reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.11. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. The company had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.50 billion. During the same quarter in the previous year, the company earned $0.74 earnings per share. The firm’s quarterly revenue was up 3.8% compared to the same quarter last year. As a group, analysts forecast that Church & Dwight Co., Inc. will post 3.44 EPS for the current year.

Church & Dwight Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 15th were issued a $0.2838 dividend. The ex-dividend date was Friday, November 15th. This represents a $1.14 annualized dividend and a yield of 1.07%. Church & Dwight’s dividend payout ratio (DPR) is 50.67%.

Insider Buying and Selling

In other Church & Dwight news, EVP Michael Read bought 1,100 shares of the business’s stock in a transaction dated Monday, December 16th. The shares were acquired at an average price of $106.82 per share, with a total value of $117,502.00. Following the transaction, the executive vice president now owns 2,505 shares of the company’s stock, valued at approximately $267,584.10. The trade was a 78.29 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Arthur B. Winkleblack sold 11,590 shares of the company’s stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $103.84, for a total value of $1,203,505.60. Following the completion of the transaction, the director now directly owns 7,129 shares of the company’s stock, valued at $740,275.36. This trade represents a 61.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 593,035 shares of company stock worth $62,282,808 over the last 90 days. 2.00% of the stock is owned by insiders.

Church & Dwight Company Profile

Church & Dwight Co, Inc engages in the development, manufacture, and marketing of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, Specialty Products, and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, and household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.